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Kazakhstan: Promoting Finance Sector Resilience

Sovereign (Public) Project | 51235-001 Status: Active

Project Details

Project Officer
Alexander Julian Central and West Asia Department Request for information
  • Kazakhstan
  • Finance
Project Name Promoting Finance Sector Resilience
Project Number 51235-001
Country Kazakhstan
Project Status Active
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9380-KAZ: Promoting Financial Sector Resilience
Technical Assistance Special Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance / Banking systems and nonbank financial institutions - Central banking systems - Inclusive finance

Gender Equity and Mainstreaming No gender elements
Project Rationale and Linkage to Country/Regional Strategy
Impact Governance improved, economic role of the financial system increased, support for SMEs strengthened, and infrastructure development increased.
Project Outcome
Description of Outcome Risk and capital management capability of the banking sector improved.
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

NBK Law reviewed and revised

ICAAP and ILAAP processes established.

SREP established.

Framework for imposing countercyclical or capital conservation buffers developed.

Risk based supervisory process organization structure established.

Actions for improving financial sector resilience identified

Status of Implementation Progress (Outputs, Activities, and Issues) The TA is proposed to be cancelled to reallocate resources to other priority projects.
Geographical Location Nation-wide
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation An ADB mission met with representatives from the Ministry of Finance in Astana, and the National Bank of Kazakhstan and other stakeholders in Almaty on 22-29 January 2018.
Business Opportunities
Consulting Services An international banking and financial services regulatory expert has been engaged for 12 person-months under individual consultant selection method.
Responsible ADB Officer Alexander Julian
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
The National Bank of Kazakhstan
Koktem-3, 21, Almaty 480070
Republic of Kazakhstan
Concept Clearance 18 Aug 2017
Fact Finding -
Approval 22 Sep 2017
Last Review Mission -
Last PDS Update 25 Sep 2018

TA 9380-KAZ

Approval Signing Date Effectivity Date Closing
Original Revised Actual
22 Sep 2017 01 Nov 2017 01 Nov 2017 31 Dec 2020 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
500,000.00 0.00 108,000.00 0.00 0.00 0.00 608,000.00 22 Sep 2017 20,114.20

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Title Document Type Document Date
Promoting Finance Sector Resilience: Technical Assistance Report Technical Assistance Reports Sep 2017

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.

The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

Requests for information may also be directed to the InfoUnit.


Tender Title Type Status Posting Date Deadline
Promoting Finance Sector Resilience Individual - Consulting Closed 05 Oct 2017 12 Oct 2017

Contracts Awarded

No contracts awarded for this project were found

Procurement Plan

None currently available.